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Thursday, March 24, 2022 10:56:30 AM
The CEO does not care about the stock price. never has and never will.
He owns less than 2% of the company.
He has constantly diluted the company through these onerous capital raises that are not with investors, rather with traders.
He announces a capital raise
The traders (which are investors, just not investing in TBLT) get the shares at a discount, and they sell the shares immediately. If they do not sell immediately they lock in a hedge by shorting the EXACT amount of shares they received from the capital raise to ensure a 15-20% guaranteed return on the capital they invested in the capital raise.
This ensures the company gets capital but it also ensures dilution because of the structure of the deal.
the CEO does not care because he doesn't have any stock ownership. He makes his money through his $460,000 annual salary and I am sure he expenses many things to the company.
If anyone thinks the stock will go up - I would need to be educated on how why and if it will go up because the due diligence I conducted on this company and based on the facts that i disclosed in this post state otherwise.
Recent TBLT News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:00:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:10:25 PM
- ToughBuilt Industries Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q • GlobeNewswire Inc. • 05/24/2024 08:10:00 PM
- Toughbuilt Industries Announces Receipt of Nasdaq Delinquency Notice • GlobeNewswire Inc. • 04/25/2024 08:05:00 PM
- ToughBuilt Obtains Purchase Order Financing to Fuel Supply Chain and Growth Initiatives • GlobeNewswire Inc. • 04/02/2024 12:30:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/21/2024 09:38:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 02:13:37 PM
- ToughBuilt Industries Announces Closing of $3.5 Million Public Offering • GlobeNewswire Inc. • 02/16/2024 09:05:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/16/2024 05:01:26 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/16/2024 04:58:58 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 08:38:38 PM
- ToughBuilt Industries Announces Pricing of $3.5 Million Public Offering • GlobeNewswire Inc. • 02/14/2024 01:00:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/14/2024 05:15:16 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:14:34 AM
- ToughBuilt Anticipates Positive Operating Cash Flow by Q3 2024 • GlobeNewswire Inc. • 02/13/2024 01:00:00 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 02/09/2024 10:17:06 PM
- ToughBuilt Industries Accelerates Growth with Expanded StackTech® Ecosystem, Targeting $6.8 Billion Market • GlobeNewswire Inc. • 01/31/2024 09:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 11:30:15 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 01/26/2024 09:09:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/17/2024 07:30:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 10:00:28 PM
- ToughBuilt Industries, Inc. Announces Reverse Stock Split • GlobeNewswire Inc. • 12/26/2023 09:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/11/2023 09:53:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:33:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/15/2023 10:18:43 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM